General Motors

When the government lent out $700 billion to help financial institutions in danger of collapsing, many people thought they’d never see that money again. Kind of like giving 20 bucks to your teenager to buy lunch. So long, money. But eight banks have repaid that money, and then some. The New York Times said the […]
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General Motors seems to have made great progress in the realm of environmental protection and backed out of a toxic cleanup partnership all in the span of a couple hours. The auto company said Tuesday its new rechargable electric car, Volt, should get about 230 miles per gallon in the city, which would make it […]
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General Motors is doing what millions of people do every day to try and make a little cash and get rid of stuff at auctioned off prices. The company is heading to eBay. GM and eBay are expected to announce today a partnership that will let dealers in California put its new vehicles online and […]
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China officials don’t want a Chinese company to buy Hummer from General Motors. Any reasons as to why? Two words: Gas guzzler. Reports say the government is likely to reject the bid by Sichuan Tengzhong Heavy Industrial Machinery Corp. to buy the auto line. In addition to the whole bad gas mileage thing, the government […]
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Ed Whitacre isn’t the only S.A. icon hooking up with General Motors these days. USAA members can now save up to $1,000 off new GM cars or trucks — beyond current rebates and dealer incentives. The discount is in addition to the USAA Car Buying Service, which saved members $19 million off the average price […]
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(Associated Press) Customers in Beijing check out some Hummers, which will be Chinese-owned soon. In what seems to be a surprise to many, General Motors is selling its Hummer line to a fairly obscure Chinese manufacturer that makes dump trucks and heavy construction machinery. The move has some industry experts scratching their heads. But it […]
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General Motors Corp. and Segway Inc. have teamed up to make a new vehicle that seems perfect for environmentalists, urban enthusiasts and those with no fear of people laughing at them. It’s called Project PUMA, which stands for Personal Urban Mobility and Accessibility, and it’s a new two-seat electric vehicle. The 300-pound prototype can go […]
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